Saturday, November 16, 2024
HomenewsDenmark indicators $600M protection cope with Ukraine

Denmark indicators $600M protection cope with Ukraine


Danish Protection Minister Troels Lund Poulsen met with Ukrainian Protection Minister Rustem Umerov and Minister of Strategic Industries Herman Smetanin in Kyiv as we speak, signing a declaration of intent to additional cooperate on protection procurement, amounting to roughly DKK 4.2 billion ($600 million).

“This settlement demonstrates our unwavering dedication to supporting Ukraine’s battle for freedom in each method we will,” stated Poulsen. “I’m happy that Denmark has reached an understanding with Ukraine on how we will finest allocate the DKK 4.2 billion offered by the EU and Denmark.”

The funding consists of DKK 1.3 billion put aside by the Danish authorities with the backing of the Danish Parliament, together with DKK 2.9 billion from frozen Russian property that Denmark is managing on behalf of the EU.

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Denmark’s involvement will give attention to direct procurement of weapons and protection tools from Ukrainian producers, a transfer that strengthens Ukraine’s capability to supply the precise weapons wanted in its ongoing battle. “Denmark is main the best way by facilitating the direct donation of weapons produced by Ukraine’s personal protection trade,” Poulsen famous, including that the association helps the nation’s long-term self-sufficiency in protection manufacturing.

Earlier this yr, Denmark financed the procurement of 18 Ukrainian-manufactured Bogdana artillery techniques, which have already been delivered to Ukraine’s armed forces. This pilot undertaking set the stage for additional cooperation between the 2 nations in defense-related procurement.

Poulsen’s go to to Kyiv comes forward of the upcoming Defence Industries Discussion board, set to happen from October 1 to five. The discussion board will characteristic participation from a big delegation of Danish protection trade representatives, furthering industrial and protection ties between the 2 nations.

This newest settlement is a part of Denmark’s broader effort to contribute to Ukraine’s protection, as each nations search to strengthen their safety collaboration. Along with the monetary help, Denmark’s direct involvement in supporting Ukraine’s protection manufacturing is seen as an important step in serving to Ukraine preserve its protection capabilities within the face of ongoing challenges.

The cooperation is ready to increase, with either side concrete procurement tasks that can equip Ukraine’s armed forces with much-needed assets. Denmark’s dedication to this partnership, backed by vital monetary assets and political will, underscores its management function in supporting Ukraine’s sovereignty and long-term protection technique.

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